Journal Entries

We will discuss the following topics in our class:-

what are journal entries ?

What are the need of doing journal entries?

what is Golden rule of accounting ?

what is the modern concept of doing journal entries ?

what are the three types of accounts namely real, personal and nominal account 

what are the basic terms in accounting like assets,liabilities,Capital,etc

Also we will understand the difference between traditional and modern approach of accounting 

• simple illustration on journal entries
• complex and advance illustration on journal entries

In conclusion I will give you an one shot important questions that are most likely to come to your exams and we will then move to some practice worksheet of journal entries so that we can have a tight grip in the basics of accounting

I hope this master class will help the students to understand the concept of journal in a better way so that they can easily grasp the complex topics in accounting